Gamesa invests Rs 300 cr in AP

Gamesa India, has inaugurated its greenfield integrated manufacturing facility at Nellore, Andhra Pradesh. The company invested around Rs 300 crore in the facility. The plant was inaugurated by Chief Minister of Andhra Pradesh N Chandrababu Naidu. This is Gamesa's largest facility in India and forms part of Gamesa's 100 million euro investment plan for India as announced in 2014. The plant's phase-1 work, which included setting up of the integrated blade manufacturing facility for the G114-2.0 Mw wind turbine, was completed in a record time of six months. Phase 2, which is stipulated to conclude in mid-2017 is underway, will see the manufacturing of turbine blades, generator and other component assemblies for wind turbines and solar inverters.